Is Murdo, SD 57559 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Murdo is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Murdo housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Jones County, SD

Population	735
Median income	$66,818
Average income	$86,024
Median home value	$139,300
Median rent	$534/month
Owner-occupied	73% of homes
Median year built	1972

Natural hazard riskWinter storms (very high), wildfire (relatively high), tornadoes (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 57559; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 57559

Prefilled for 57559Can I win this house?Multiple-offer likelihood for a listing Prefilled for 57559Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

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Where Murdo is

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Questions about Murdo real estate

What are property taxes in Murdo?

About 0.94% of a home’s value a year in Jones County, or roughly $3,760 on a $400,000 home.

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More tools for 57559

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology